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sankhyainvestments
Feb 3, 2021 7:06 AM

fresh buy or add quantity here Long

INFOSYS LTDNSE

Description

trade based on >>>
cup & handle neckline break

buy near 1290-94
for targets - 1305, 1314, 1325
stop 1275
deeper stop 1262

note :- since risk:reward not that favorable - so trade with caution

below attached previous infy chart for reference


disclaimer - for study purpose

Comment

just a point away from our 1st target
Comments
qualimec
INFOSYS POSITIONAL TARGET 1390. HOLD
sankhyainvestments
@qualimec, kool 1325 i m seeing as my 1st tgt swing based
skandarpdeep
Thank you
sankhyainvestments
@skandarpdeep, 👍👍
TukkaNomist
cup and handle is a bullish trend following pattern which means prior uptrend must be there. your chart is showing a downtrend and then reversal. it's not a trend reversal pattern.
sankhyainvestments
@TukkaNomist, in a downtrend its taken as bearish - though i had some other criteria too with with i gave a buy call - but look at the next moves - its been bearish
ReviveTraders
congratulations you touched 1000 followers 🎯
sankhyainvestments
@tradethetip, hey thanks buddy :) .... for a fresher like me , personally its a big thing 🖐
ReviveTraders
@rachanak, lets cheers for your success 😁🍻
sankhyainvestments
@tradethetip, so for you too 🎉🎉🎉🎉
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